Industry News, Mergers and Acquisitions, Printers News

Constantia Flexibles Acquires Indian Packaging Group

Adds Creative Polypack Limited, an Indian film-based laminates producer.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Constantia Flexibles Group has agreed to acquire a majority shareholding in the Indian film-based laminates producer Creative Polypack Limited. Financial details of the transaction were not disclosed and the transaction is expected to be completed in the coming weeks, pending regulatory approvals.   Creative Polypack Limited is family-owned and was founded in 1986. It is expected to achieve sales of approximately €75 million in the business year 2017/2018 and currently has about 850 employees ...

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